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Dax did not recover sustainably despite positive figures from Amazon and Intel as well as the ECB interest rate decision
After a turbulent week on the German stock market, calm returned on Friday afternoon. However, the DAX was unable to recover sustainably despite positive figures from US technology heavyweights Amazon and Intel as well as the ECB interest rate decision. The Gaza war, the high yields on US government bonds and the different assessments of quarterly reports from the USA and Germany have recently weighed on prices. The DAX closed with a loss of 0.30 percent at 14,687.41 points and thus recorded a weekly loss of around 0.8 percent. The MDAX, which represents medium-sized stock exchange companies, recorded a slight decline of 0.10 percent at 23,772.02 points on Friday. It remains to be seen…
Dax did not recover sustainably despite positive figures from Amazon and Intel as well as the ECB interest rate decision
After a turbulent week on the German stock market, calm returned on Friday afternoon. However, the DAX was unable to recover sustainably despite positive figures from US technology heavyweights Amazon and Intel as well as the ECB interest rate decision. The Gaza war, the high yields on US government bonds and the different assessments of quarterly reports from the USA and Germany have recently weighed on prices. The DAX closed with a loss of 0.30 percent at 14,687.41 points and thus recorded a weekly loss of around 0.8 percent. The MDAX, which represents medium-sized stock exchange companies, recorded a slight decline of 0.10 percent at 23,772.02 points on Friday. It remains to be seen how the geopolitical situation and the quarterly reports will develop and what impact this will have on the market and the financial industry.
Source: According to a report by www.boerse.de
Read the source article at www.boerse.de